Media
Green mobility: IREDA launches scheme to finance battery storage, green hydrogen and fuel cell technologies
- January 12, 2022
Source: PV Magazine
Indian Renewable Energy Development Agency (IREDA) has launched a scheme to finance new and emerging technologies that promote and increase the usage of renewable energy in the transport sector. Under the scheme, it shall also provide finance for EV fleet owners/operators and charging Infrastructure owners—thus financing the entire value chain of green mobility.
Electric cabs gain momentum thanks to 65-75% lower operational cost versus diesel/ CNG cabs
- January 11, 2022
Source: The Economic Times
High cost of diesel and CNG have skewed the economics in favor of electric cabs in shared mobility with industry planning massive expansion even during the pandemic. Higher cost, inadequate charging infrastructure or lack of options in products are no longer seen as deal breakers.
Electric vehicles sales in India to touch 1 million units this year: SMEV
- January 06, 2022
Source: Business Standard
Sales of total electric vehicles in India are expected to be around 10 lakh units this year, equal to what was sold collectively in the last 15 years, according to Society of Manufacturers of Electric Vehicles (SMEV). In 2021, the sales of electric two-wheelers (E2Ws) in the country jumped over two-fold at 2,33,971 units driven by a good traction of high-speed scooters as compared to 1,00,736 units in 2020, SMEV said in a statement.
Pune Municipal Corporation to start 500 charging stations for electric vehicles
- December 30, 2021
Source: The Times of India
Pune Municipal Corporation has finalised locations 500 charging stations at public places across areas to help users of EVs in a bid to promote the use of e-bikes and e-cars. The civic administration aims to charge a minimum amount for charging EVs and the money will be used for upkeep of the stations.
Telangana government to allow private electric vehicles recharge station
- December 30, 2021
Source: The Times of India
With usage of electric vehicles (EVs) going up and demand for charging stations for EVs also growing, the Telangana state government is planning to allow private recharge stations under build operate and transfer (BOT) mode across the state. While there will be one recharging station for every 5 km in the city, one station for every 27 kilometres will be set up on national highways.
Bajaj Auto to set up Rs 300 crore EV manufacturing facility in Pune
- December 29, 2021
Source: The Economic Times
Bajaj Auto will set up an electric vehicle manufacturing facility at Akurdi in Pune with an investment of Rs 300 crore. The facility, for which the work has already commenced, will have the capacity to produce 5,00,000 electric vehicles per annum and cater to both domestic and exports markets, the company said in a release.
India's EV space to see investments worth INR 94,000 crore, Tamil Nadu to lead with 34% share
- December 20, 2021
Source: The Times of India
The EV segment in India is likely to see investments worth $12.6 billion (INR 94,000 crore) over the next five years, while 1300 acres will be required to set up the targeted 110 GWh battery manufacturing capacity by 2030, said property consulting firm Colliers in a joint report with Indospace titled ‘Electric Mobility in Full Gear’. Most of the investments are planned in the EV components and assembly-line production, followed by investments in battery manufacturing.
Delhi emerging as EV capital of India
- December 15, 2021
Source: The Pioneer
Delhiites are opting for electric vehicles (EV) as EV sales have been registered six times higher in the city than in the rest of the country. According to the Transport Department, EV accounted for the second most bought type of vehicles in the September-November quarter accounting for nine percent of the vehicles sold while the national average rests at only 1.6 per cent.
Uttar Pradesh, Delhi, Karnataka leading states in EV sales: Government
- December 09, 2021
Source: Business Standard
Uttar Pradesh, Delhi and Karnataka have emerged as top three states in terms of registration of electric vehicles in India. In a written reply in the Rajya Sabha, Road Transport and Highways Minister Mr Nitin Gadkari said that 870,141 electric vehicles have been registered in India. Uttar Pradesh (255,700) has the highest registered electric vehicles, followed by Delhi (125,347) and Karnataka (72,544) come in that order.
NITI Aayog launches 'e-Sawari India E-Bus Coalition' in tie-up with CESL
- December 07, 2021
Source: The Economic Times
NITI Aayog has announced the launch of 'e-Sawaari India Electric Bus Coalition' in partnership with Convergence Energy Service Ltd (CESL) and World Resources Institute, India, with support from Transformative Urban Mobility Initiative (TUMI). The coalition has been launched with the aim to share knowledge and learnings on e-bus adoption in India among various stakeholders, including central and state governments, city-level government agencies, transit service providers, original equipment manufacturers (OEMs), financing institutions and ancillary service providers.